DB scheme funding 'remarkably robust' despite market turmoil

ONS figures show market value of DB schemes fell by 3% between Q3 and Q4 2022

Holly Roach
clock • 1 min read
DB scheme funding 'remarkably robust' despite market turmoil

The market value of private sector defined benefit (DB) schemes fell by 3% between Q3 and Q4 2022, figures from the Office for National Statistics (ONS) show.

The figures - released today (22 June) - showed despite market turmoil in the latter half of the year, DB scheme health remained relatively strong with values dropping 3% from £1.27trn in Q3 to £1....

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

FCA fines adviser £1.4m over unsuitable DB pension transfers

FCA fines adviser £1.4m over unsuitable DB pension transfers

Philip Pryke exposed clients to ‘significant’ risk of financial detriment

Isabel Baxter
clock 29 November 2024 • 2 min read
Tender Watch: LGPS funds seek pension administration software provider

Tender Watch: LGPS funds seek pension administration software provider

Multi-provider framework agreement sought in support of the LGPS

Professional Pensions
clock 28 November 2024 • 1 min read
Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Mike Edwards, Partner, Aon
clock 06 November 2024 • 5 min read
Trustpilot